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New Class/YouGov poll finds 2 in 3 people want to cap executive salaries

New Class/YouGov poll finds 2 in 3 people want to cap executive salaries

Publication date

29/10/14

Almost two thirds (65%) of the British public support a cap on executive salaries, a new YouGov poll commissioned by the Centre for Labour and Social Studies (Class) has revealed.

Nearly half of all people (47%) believe the country has become less fair since the 2010 general election. This compares to 12% who say it has become fairer. 26% of people who voted Conservative in 2010 say it has become fairer with almost the same (23%) saying it has become less fair. Of those who voted Lib Dem in 2010 6% say the country has become more fair with ten times that many (60%) saying it has become less fair.

The poll also reveals that more than 1 in 2 of the British people believe the gap between the rich and the poor is bad for the economy. Over half of people believe a mansion tax would be effective in reducing inequality, and two thirds believe increasing the top rate of income tax on those earning over £150k per annum would reduce inequality. More than 8 in 10 people think closing tax loopholes would be effective in reducing inequality, and more than 1 in 2 think a living wage would reduce inequality.

More than 1 in 2 people want to see the charitable status of private schools abolished, and the income generated to fund the income of the most in need.